Earlier quoted context omitted.
Have you measured latency? In modern(last 4 years approximately) GPUs, physical wiring distance is starting to contribute substantially to latency.
latency due to wiring distances is far from being an issue in these scenarios. The signals travel at the speed of light. 186 miles per millisecond. The problem you will encounter with pcie gen5 risers is signal integrity.
It's about 75-90% the speed of light, but even that's too slow.
Modern hardware components are getting to latencies in single digit nanoseconds. Light travels about 30cms in a nanosecond, so extending a pcie port to a different box is going to have a measurable difference.